American Precision Electronics

$495,800 PPP Loan in Carol Stream, Illinois

Loan Details

Loan Number
3171017104
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$495,800
Current Approval
$495,800
Forgiveness Amount
$498,582
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
American Precision Electronics
Address
25w624 Saint Charles Rd
ZIP Code
60188-2062
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Unanswered
Jobs Reported
67
Estimated Revenue
$9.4M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$396,640
Rent
$74,370
Utilities
$24,790

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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